Jeffrey Lacker is sticking to his original allegation made in the summer of 2007, as storm...

Jeffrey Lacker is sticking to his original allegation made in the summer of 2007, as storm clouds gathered over the world's financial system, that then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America (BAC) and other banks about the possibility the central bank would lower the discount rate. According to transcripts of the call released by the Fed on Friday, Geithner at the time denied that banks knew the Fed was considering making any cut. Despite the inherent questionability of his actions however, its still not clear if the disclosure would have been illegal.

Less than zero growth - well lets cut down the size of government and tell folks to take care of themselves..... Hey, suddenly we have some growth!!! that takes care of #8.

Seven Bilion to 10 Billion ensures De-growth??? Now we are back to the idea - 1. that population growth won't slow in countries as they get richer (they almost always do), and 2. that somehow we'll stop finding ways to innovate and improve. Perhaps someone really will find a solar panel that powers everything! Perhaps we'll invent new crops that grow in Africa! Takes care of #4 and #5 and #6 and #7.

Carbon Dioxide will kill us? Well don't trees use Carbon Dioxide? Maybe we'll double the number of trees? Maybe we'll invent a new fuel that takes carbon dioxide from the air and creates energy!! Takes care of #3.

Stock traders bubble? Use your common sense.... let the bubble burst and swoop in and make some money!! Just ensure governments let the losers lose and not the taxpayers!!! Takes care of #2.

Economic growth on long term decline - specifically in the USA. Well that because our idiot government takes over more and more of the private sector. Return the government to the role of only doing what it is not reasonable for the individual to do - and you'll find tons of innovation, wealth creation, new technology, and good times everywhere. Takes care of #1.

Whew, ok. Life will continue. Freedom, liberty, hard work and innovation and some common sense can overcome all these impending doom obstacles. Notice I didn't mention government in that statement!

We all know that everything was done for the banks - telling them of this is just a blip on the radar.

What is truly remarkable is the number of people who have not been prosecuted for fraud. It a national disgrace.

Equally remarkable are the trillions of dollars that have been handed out by the government - enriching even more folks that haven't earned it - and penalizing those that have actually lived their lives responsibly and saved.

Does anyone - and I mean ANYONE - in this administration have ANY integrity. Is there one Democrat in Congress that stand up and say STOP! Are there any Republicans that are bright enough to explain how a 16 trillion debt at very, very low interest rates can destroy our economy when interest rates go to 5% as they are sure to do one day?

A Democrat speak out against the current administration and its fiscal shenanigans? Unthinkable! They would rather burn in hell than risk shifting the national focus to our $16.5 trillion dollar debt and at least $122 trillion in unfunded liabilities. But hey, if we can just get that gun control stuff rammed through, everything should be just fine.

Are there people that still believe this stuff doesn't go on? This is common place in the stock market now days and regulators are non existent.

Remember March 11th 2008 when someone purchased a TON of 50% out of the money Bear Stearns puts with 10 days left to expiration? Magically the NY Fed pulled Bear's loan a few days later and forced the JP Morgan buyout. Who was the head of the NY Fed at the time? (Dumb question) Who got tipped off? Who made the cash on these puts?